GROUP LIFE INSURANCE

We can offer Lloyd’s security for UK Life Insurance on annual policies for commercial clients (no Term Life or retail clients). Current limit is £3m Maximum cover any one life and £50m Any One Postcode.

Group Life/Death in Service and Group Keyman/Business Protection could be provided for anything from Standard Risks/White Collar/SME to specialist sectors including but not limited to:

Energy i.e. Oil Rig Workers, Subsea Divers
Marine i.e. Ships crew, Dock workers
Aviation i.e. Pilots, Cabin crew, Air Traffic Controllers
Security & Armed Forces
Mining
Construction and Engineering

We can consider some instances where a UK company has some members based or on secondment overseas.  All areas of the world can be considered provided the company they work for is in an area of the world Lloyd’s are licensed to write direct business.

Employee Assistance Programme and Master Trusts are available as well as 3 months extended redundancy cover for UK Group Life employees/employers.

Death in Service

10 members Freecover Limit only applicable to Business Protection (including Partnership, Shareholder, Key person) – standard Death In Service the Freecover Limit kicks in at 3 lives.

Less than 10 members will require full underwriting.

Business protection usually related to high net worth individuals, executives, partners of law firms and the like.

Overseas business excluding USA & Canada

Our Lloyd’s market writes overseas Group Risks excluding USA & Canada either on a direct basis or where applicable on a Reinsurance basis. Please contact us for details.